Comergence Names David Crugnale Business Development Manager
David Crugnale has joined Comergence, a provider of third-party vendor and risk-management platforms for the mortgage industry, as business development manager. Previously, Crugnale...
First-Half Home Sales Best Since 2007
A total of 1,344,129 single-family homes and condos sold in the first half - the highest number of home sales in the first...
Pending Home Sales Basically Flat In July
Pending home sales increased 0.5% in July compared with June to reach an index score of 110.9 on the National Association of Realtors'...
FHFA: U.S. Home Prices Increased 1.2% In Q2
U.S. home prices rose 1.2% in the second quarter compared to the first quarter and were up 5.4% compared to the second quarter...
MBA: Mortgage Application Volume Increased 0.2%
After rising 3.6% the previous week, mortgage application volume increased 0.2% during the week ended Aug. 21, according to the Mortgage Bankers Association's...
MBA: Independent Mortgage Lenders Saw Stronger Profits In Q2
Independent mortgage lenders earned a net gain of about $1,522 on each loan they originated during the second quarter - up from about...
MIAC Hires Brendan Teeley As VP Of Whole Loan Sales And Trading
Brendan Teeley has joined Mortgage Industry Advisory Corp. (MIAC), offering capital market advisory services and software tools for financial institutions, as vice president...
MBA: Homeownership Rate Will Rise To 64.8% By 2024
A new white paper from the Mortgage Bankers Association (MBA) predicts that demand for housing will grow significantly over the next 10 years...
CFPB: Credit Reporting Complaints Increased 56% In July
The Consumer Financial Protection Bureau (CFPB) reports that its consumer complaint database saw a significant increase in the number of complaints related to...
S&P/Case-Shiller: U.S. Home Prices Increased 1.0% In June
U.S. home prices increased 1.0% in June compared to May and increased 4.5% compared to June 2014, according to the S&P/Case-Shiller home price...
New Home Sales Jumped 5.4% In July
After falling 6.8% month over month in June, sales of new single-family homes in July were at a seasonally adjusted annual rate of...
Mortgage Network Hires Terence Crane As Loan Officer
Terence Crane has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a loan officer in...
Velocify Now Integrated With Ellie Mae
Ellie Mae's Encompass loan origination system (LOS) is now integrated with Velocify's sales acceleration platform. That means users of Ellie Mae's all-in-one mortgage...
First American First To Offer Building Characteristic Data For Orange County
Title insurance, settlement services and risk solutions provider First American Financial Corp. says its DataTree property research solution is the first to offer...
Black Knight: Home Prices Inched Up 0.9% In June
U.S. home prices increased 0.9% in June compared to May and increased 5.1% compared to June 2014, according to Black Knight Financial Service's...
HUD To Restrict PACE Loans To Second-Lien Status
The U.S. Department of Housing and Urban Development (HUD) is proposing a policy change wherein loans backed by the Federal Housing Administration (FHA)...
Ron Vaimberg To Provide Free Training To Comergence’s Customers
Comergence, a provider of third-party vendor management platforms for the mortgage industry, has established a strategic relationship with noted mortgage and real estate...
Parkside Lending Offering Jumbo Mortgages To 95% LTV, No MI
Parkside Lending, a national wholesale and correspondent lender, is now offering 95% loan-to-value (LTV) mortgages without mortgage insurance on its expanded jumbo program....
Ginnie Mae Reports Record-Breaking Volume In July
Ginnie Mae reports that it guaranteed $47.06 billion in mortgage-backed securities (MBS) in July, surpassing the record set in July 2009 of $46.1...
Freddie Mac: Fixed Mortgage Rates Holding Steady At Just Under 4%
Fixed mortgage rates were basically flat during the week ended Aug. 20, as there was little movement in financial markets, Freddie Mac reports....